The Port of Indiana-Mount Vernon set a new annual shipping record in 2015 by handling over 6.6 million tons for the first time in its 40-year history. This was a 36-percent increase over 2014 and 30 percent higher than the previous record set in 1994…
On Thursday, January 20, 2016, the Port of Palm Beach Board of Commissioners elected its new Chairman, Mr. Wayne M. Richards. Richards, a member of the board for 16 years, is known for keeping a strong focus on fiscal responsibility and bringing new…
Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for Sete Brasil with the Brazilian company not making payments in over a year. Keppel’s profit was S$481 million for the full year…
Höegh LNG Partners LP announced that its board of directors (the 'Board') has declared a quarterly cash distribution with respect to the quarter ended December 31, 2015 of $0.4125 per unit. This represents an increase of $0.075 per unit…
Dryad Maritime, the UK’s leading maritime intelligence and operations company has released its analysis of worldwide reported incidents of piracy and crime against mariners for 2015.Providing commentary on maritime piracy and crime around the world…
The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania, New Jersey, and Delaware area in the next 72 hours.A thorough…
Global economics2016 continues where 2015 ended, with all eyes on China. This is mainly because of uncertainty surrounding the development of the world’s second-largest economy. When the first day of the Shanghai Stock Exchange of 2016 closed prematurely…
The International Bunker Industry Association (IBIA) has appointed a new Regional Manager to manage its office in Singapore, covering the Asia region. Simon Neo, IBIA in Asia’s new Regional Manager has more than 30 years of oil and shipping…
The UK P&I Club announced it will be supporting the Sailors’ Society Emotional Wellness training module within its Wellness at Sea coaching program. The training, the second in a set of five modules, is designed to improve emotional wellbeing…
The 125 years old German cruise operator, Hapag-Lloyd, has unveiled new branding, along with a modest name change, that will help promote the luxury cruise line to a global audience. Effective immediately, the old Hapag-Lloyd Kreuzfahrten name has been changed to Hapag-Lloyd Cruises…
Nils Smedegaard Andersen chief executive officer of A.P. Moeller-Maersk A/S said the Container volumes have picked up this year after the market suffered from sluggish growth and overcapacity in 2015, reports Bloomberg. He said 2016 beginning…
Due to operational constraints, CMA CGM informs its customers that the rail service from Dakar (Senegal) to Bamako (Mali) is suspended until further notice. In order to ensure service continuity, CMA CGM reminds that road service remains available from Dakar to Bamako in 13 days…
Abu Dhabi-based petrochemical company Borouge signed an agreement with Maersk Line to reduce carbon dioxide emissions for their shipments. Besides being the first plastics producer in the Middle East to sign the Carbon Pact with Maersk Line…
Ampelmann, a provider of motion compensation access solutions, is opening an office in central Aberdeen as the next step in the continued expansion of the company.Ampelmann claims an an extensive track record in supporting Walk to Work campaigns in the North Sea…
Port of Ystad saw record breaking traffic numbers in 2015, retaining the port’s position as Sweden’s third largest ferry passenger port. The largest increase was in bus traffic, which increased by 30,7 % compared to 2014. “The numbers from…